Fed holds interest rates steady, defying pressure from Trump

(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them.The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically...

The prices of these products have dropped, defying high inflation

(NEW YORK) -- Inflation has eased in recent months but remains sky-high, especially for some household items like eggs and flour.Price hikes for other products, however, have not only slowed but reversed altogether, offering much-needed relief for buyers, government data released this week showed.Used...